Golden Cariboo Resources Reports Significant Gold Intercepts at Quesnelle Property

Golden Cariboo Resources Ltd. announced drill results from its Quesnelle Gold Quartz Mine property, intersecting 0.42 g/t gold over 47.01 meters from surface within a broader anomalous interval of 0.26 g/t Au over 190.2 meters. Additional mineralization deeper in the hole included 0.76 g/t gold over 20.45 meters from 324.88 meters, with the drill hole ending in mineralization yielding 1.00 g/t gold over 1.91 meters. Diamond drill hole QGQ25-25 represents a step out in the Halo zone, with the collar positioned 96 meters to the north-northeast of QGQ24-20, which previously returned 0.99 g/t Au and 9.77 g/t Ag over 236.88 meters. QGC25-28, an 80-meter step north of diamond drill hole QGQ25-25, is currently being extended to target depth, intersecting extensive quartz-carbonate veins.

President and CEO Frank Callaghan stated the company continues to drive forward with intersections of mineralization from surface, extending the deposit along strike at the Halo zone. The company's infrastructure and proximity to the community of Hixon in Central British Columbia allows for year-round drilling operations. Callaghan expressed excitement about winter drilling and anticipation for an active year in the Cariboo Gold Corridor. The technical information in the news release has been reviewed and approved by Jean Pautler, an independent consultant and Qualified Person with respect to NI 43-101.

Quality assurance and quality control samples, including blanks, standards and coarse reject duplicates, constituted 5% of the total number of samples. All reported drilling utilized NQ core, which was logged then split in half before being sent to the laboratory. Drill core samples were sent to the accredited MSALABS laboratory in Prince George for analysis. Samples were crushed to greater than 70% passing below 2 mm and split using a riffle splitter, with 250g splits pulverized to greater than 85% passing below 75 microns. An aqua regia digest with an inductively coupled plasma atomic emission spectroscopy finish was used for 35-element analysis on 0.5g aliquots.

PhotonAssay™ analysis was conducted for gold and silver, using a larger sample size of 250-500g compared to 30 or 50g in fire assay. This method provides a more thorough assessment of gold distribution in coarse gold settings characteristic of the Halo zone, where nugget effects can impact conventional assay results. MSA is accredited for the procedures performed and entirely independent from the company. The Quesnelle Gold Quartz Mine property is located 4 kilometers northeast of Hixon in central British Columbia, within the broader Cariboo Gold Corridor geological trend. The property includes the Quesnelle Quartz gold-silver deposit, discovered in 1865 and developed over a footprint of about 150m x 150m at the Main zone straddling Hixon Creek.

The geological setting of gold mineralization at the property shows strong similarities with the Spanish Mountain gold deposit, situated 120 km towards the southeast along the same geological trend. As a sediment-hosted vein deposit, the Spanish Mountain deposit is considered to belong to the epizonal orogenic subclass of gold deposits which include some of the world's largest deposits such as Muruntau, Uzbekistan and Bendigo, Australia. The company's ongoing drilling program aims to expand known mineralization and test new targets within the property's 94,899 hectare area. These results demonstrate the potential for resource growth in a historically productive gold district with established infrastructure and year-round accessibility.